Electricity bills drop across state as oil prices decline
Advertiser Staff
Utilities across the state will charge less for electricity this month as a result of a decline in oil prices.
Hawaiian Electric Co. said the typical 600 kilowatt-hour residential bill will decline to $123.58 from $138.98 in January.
The effective rate for electricity in Honolulu is dropping to 19.2 cents from the 21.7 cents per kilowatt-hour that it charged in January.
Other rates:
• Maui island customers will see their rate decline to 22.5 cents from 25.6 cents in January.
• Hawai'i County residential rates are falling to 30.1 cents from 33.5 cents.
• Kaua'i Island Utility Cooperative is lowering rates to 22.9 cents from 24.3 cents.
Electricity rates spiked in Hawai'i last year because most of it is produced with generators using fuel oil or diesel oil. On O'ahu, the peak occurred in September, when the average residential customer paid $202.13 for the monthly bill.
